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Fintech startup Kiwi raises $13mn in Series A led by Omidyar

New Delhi, Nov. 21 -- Fintech startup Kiwi has raised $13 million in a Series-A funding round led by Omidyar Network India. Existing investors, Nexus Venture Partners and Stellaris Venture Partners a... Read More


Travel fintech Scapia raises $23 mn led by Elevation, Binny Bansal's 3State

New Delhi, Nov. 21 -- Travel fintech startup Scapia has raised $23 million in its Series-A funding round led by Elevation Capital and 3State Ventures. The round also saw participation from its existi... Read More


BharatPe fraud: EOW spots date discrepancies

New Delhi, Nov. 15 -- Recruitment firms linked to BharatPe co-founder Ashneer Grover and his family members used backdated invoices to siphon off funds for work they never did for the fintech unicorn,... Read More


Mobikwik's Zaakpay gets RBI's in-principle nod to operate as payment aggregator

New Delhi, Oct. 26 -- Mobikwik's payment gateway arm Zaakpay has finally received in-principle authorisation from the Reserve Bank of India (RBI) to operate as a payments aggregator. The in-principle... Read More


Secondary market ASBA pilot in Dec

NEW DELHI, Oct. 24 -- The stock market regulator plans to run a pilot for an ASBA-like facility in the secondary market in December, under which money will be transferred only after the actual share t... Read More


Paytm founder floats Rs.30 cr fund for AI, EV startups

New Delhi, Oct. 23 -- Paytm founder and chief executive Vijay Shekhar Sharma has launched a Rs.30-crore fund to back artificial intelligence (AI) and electric vehicle (EV)-related startups operating i... Read More


Paytm CEO Vijay Shekhar Sharma launches Rs.30 crore fund for AI, EV startups

New Delhi, Oct. 23 -- Paytm founder and chief executive Vijay Shekhar Sharma has launched a Rs.30-crore 'VSS Investments Fund' to invest in Indian artificial intelligence (AI) and electric vehicle (EV... Read More


PhonePe rolls a dice in the pay aggregator biz

New Delhi, Oct. 16 -- Avinash Kumar runs Blumox Technologies, a Delhi-based company that develops websites, mobile apps and applications for enterprises. For five years, he used the services of Razorp... Read More


Insurtech startup Onsurity raises $24 mn led by IFC

New Delhi, Oct. 9 -- Insurtech startup Onsurity has raised $24 million in Series B funding led by the World Bank's International Finance Corporation. Existing investors Nexus Venture Partners and Quo... Read More


Perfios acquires open finance platform Fego.ai

New Delhi, Sept. 21 -- Bengaluru-based fintech firm Perfios has acquired Chennai-based open finance platform Fego.ai, two people aware of the development told Mint. The discussions started during Glo... Read More